Currency, Banks and Economics

Author: (USA) Thomas Mayer
Publisher:
Publish Date: 2000-02-01
Features: This book is a highly influential textbook on money and banking internationally. Statistics show that it is currently used by 123 universities in the United States, including renowned institutions such as Harvard University and the University of Chicago. The book is divided into five parts and 29 chapters: Part 1 elaborates on the fundamental issues of financial structure and the financial system; Part 2 analyzes the measurement, creation of money, as well as bank reserves and related measurements; Part 3 examines the forces that explain unemployment and inflation; Part 4 discusses monetary policy issues; and Part 5 provides a detailed discussion of exchange rates and international banking. This book enables readers to systematically understand the development of theories and practices in money and banking. The Chinese translation has been adopted as a textbook for undergraduate studies by more than 10 universities, including Fudan University.